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NESR To Deliver Saudi Arabia's First Direct Lithium Extraction Project

Oct 8, 2026 · 08:44 AM ET· updated 2h ago
NESR To Deliver Saudi Arabia's First Direct Lithium Extraction Project

NESR and Aramco signed a five-year contract valued at approximately $200 million to deliver the region’s first direct lithium extraction project.

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Why It Matters

A company called NESR just won a big five-year job with Aramco. They will pull lithium from the ground in a new way for Saudi Arabia, which shows demand for this important battery metal is growing.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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